On Wednesday Stephen joined the launch of the #PrePayRipOff campaign in the House of Commons to clamp down on the cost of prepayment meters as a means of paying energy bills.
The latest research by the Citizens Advice Bureau has revealed that pre-payment meter customers on average pay £226 a year extra for the cost of their energy compared to the cheapest direct debit tariff. And with 1 in 5 prepayment meter users already in fuel poverty this amounts to an extra £3,260,050.00 a year being taken out of the pockets of the 14,425 East Ham households who can least afford it.
Stephen joined Dawn Butler MP at the launch of her campaign along with Sadiq Khan MP, Labour’s candidate for Mayor of London, calling to take action on the Big 6 energy companies.
Stephen said: "It is unacceptable that the poorest in our society are forced to pay the most for their energy bills when the cost of energy is falling but bills continue to rise. I will continue to call for real action in the energy market to pass on the savings which thousands of families in my constituency deserve. This Prepay Rip Off must end now.”
Dawn Butler MP said: "It is about time someone stood up to the Big 6 energy companies on behalf of the most vulnerable energy consumers who are being left out of pocket. The cost of energy is at an all-time low yet prices keep going up. The Government need to take action to force energy companies to pass on these savings to consumers. If you support my campaign add your voice by signing the petition!”